China burning and consuming most of the world’s coal
It accounts for 46% of the coal produced globally and consumes as much per year as s the rest of the world combined.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Silver demand reached record high in 2013, prices jump
July silver rose 1.3%, to $19.80 following a positive report by the Silver Institute and the London Silver Market Fixing's announcement that it will end price fixing on Aug. 14.
Australian government eliminates mining tax
The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.
Turkey mine explosion: Over 230 dead, smoke hindering rescue efforts
Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.
This is what a $16.3 million yellow diamond looks like
The "Graff Vivid Yellow” diamond, one of the world’s largest cut precious gems of any colour, fetched Tuesday an astronomical $16.3 million at Sotheby’s Geneva auction.
Former Aussie coal magnate stages major comeback with $150m acquisition
Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.
20 dead and hundreds trapped after explosion in Turkish coal mine
The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.
CAT proves new B15 smartphone resilience by running it over with heavy machinery
While average in terms of capacity and other features, users surely won’t buy it for the specs, but for what Cat shows in this video.
Northern Star to become Australia’s No.2 gold producer after acquiring Jundee mine
Jundee is expected to lift Northern Star's production from about 350,000 ounces a year to about 550,000 ounces a year by 2015.
Two workers killed in West Virginia coal mine accident
The accident occurred at Patriot Coal's Brody Mine No. 1, in the southwestern part of the state.
Japan to test rare-earth mining from deep seabed mud
A government-backed trial will lift mineral-rich seabed mud to the surface as Tokyo seeks secure supplies beyond China.
